Wednesday, December 13, 2017
 
 
News: Page (1) of 1 - 07/18/11 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Coburn proposes $9 trillion deficit cut measure
GOP Sen. Coburn unveils $9 trillion in deficit cuts over coming decade
By The Associated Press

WASHINGTON (AP) ' One of the Senate's staunchest budget-cutters has unveiled a massive plan to reduce the deficit by $9 trillion over the coming decade.

Oklahoma Republican Tom Coburn is proposing to gradually raise the age at which people can claim their full Social Security benefits to 70 and cut farm subsidies and the popular Medicare program. He also proposes that some veterans pay more for medical care and prescription drugs.

Coburn's $9 trillion savings figure doesn't include another $2.4 trillion in cuts to Social Security that are funneled back into the program.



Coburn was a member of President Barack Obama's fiscal commission and voted for its plan to cut the budget by about $4 trillion over a decade.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines